Analysts allowed a decrease in iPhone production by 16 million devices
[ad_1]
The American corporation Apple may produce 16 million iPhone 14 smartphones less by the end of the year than planned, according to the forecast of the Swiss bank UBS. writes Bloomberg.
Analysts expect 76 million devices to be produced in the second half of the year, not 92 million. This is due simultaneously to a drop in global demand for lower-end iPhone 14 models, as well as production disruptions experienced by Foxconn’s factory in the Chinese city of Zhengzhou.
“The speed with which Apple and Hon Hai can resolve problems in Zhengzhou is key to Q4 2022 and Q1 2023 sales,” analysts said.
On November 2, China introduced strict anti-epidemic measures in the economic zone of Zhengzhou Airport, where Foxconn, the Taiwanese iPhone manufacturer, is located. As a result, residents of the district were forbidden to gather together and leave their homes, and daily PCR testing was deployed on the territory of the zone. The lockdown was lifted only on 30 November.
As a result of restrictive measures, the main assembly production of the iPhone 14 Pro and iPhone 14 Pro Max has moved to work at reduced capacities. Due to covid restrictions, protests broke out at the Foxconn plant, also related to non-payment of wages. How informed Earlier Bloomberg, iPhone 14 production may be reduced by 6 million units due to problems in Zhengzhou.
As before wrote Vedomosti, sales of new iPhones in the first month in Russia fell four times compared to the iPhone 13 in the same period last year. The decline was influenced by the psychological shock of consumers and the reduction of the market with limited imports
Subscribe on “Vedomosti” in Telegram and stay up to date with the main news of the economy and business
[ad_2]
Source link
